Linear models of economic production and consumption place a high demand on natural resources and accelerate environmental degradation. This in turn translates into increased business risks through higher costs, as well as supply uncertainties and disruptions. In CEC’s 2021–2025 Strategic Plan, the Parties acknowledged that: “Shifting toward sustainable production and consumption patterns is about improving […]
Reducing waste and closing material loops help minimize environmental impacts throughout the value chain of resources and products. They also present considerable economic opportunities. Circular economy strategies, including a multitude of recovery options, are estimated to unlock $4.5 trillion in economic growth around the globe. The transition to a circular economy and increased material recovery […]
